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Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week
This week, Tilray and Sproutly Canada went public, Sunniva announced plans to spin off its Canadian assets, Zynerba Pharmaceuticals posted positive data for its Phase 2 trial for ZYN002 in Fragile X syndrome, and Zogenix released positive top-line results from its second pivotal Phase 3 study of ZX008 in Dravet Syndrome.
Michigan added 11 new ailments to its list of qualifying conditions for medical cannabis. These are arthritis, autism, chronic pain, colitis, inflammatory bowel disease, obsessive compulsive disorder, Parkinson’s disease, rheumatoid arthritis, spinal cord injury, Tourette’s syndrome and ulcerative colitis.
“Currently Michigan has a robust program of nearly 300,000 patients. With Autism now allowed and an additional 10 other indications, the Michigan cannabis program is expected to double, possibly triple in size,” Medical Marijuana Inc. CEO Dr. Stuart Titus told Beniznga. “Obviously, the ‘test’ program of medical cannabis was a tremendous success – to the point where regulators felt that the expansion of the program served the best interests of the populace. It would be wonderful to see if the medical cannabis program will exist within a recreational state and possibly reach 1 million state residents.”
Looking back on the second quarter, Borchardt added: “The Green Market Report Cannabis Company Index summary for the second quarter was released and it noted that overall cannabis stocks increased in value. Good news from the FDA and impressive IPOs in the sector led investors to feel that risk is lower than it was at the beginning of the year.”
Marijuana Indexes & ETFs
Despite the news, the United States Marijuana Index, which tracks 17 of the largest marijuana stocks in the U.S., lost 2.6 percent this week, while the North American Marijuana Index, which also includes Canadian stocks, tumbled 4.3 percent.
Over the last five trading days, the Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) (TSE:HMMJ) slipped more than 2 percent, while the ETFMG Alternative Harvest ETF (NYSE:MJ) shed almost 3 percent of its value. The SPDR S&P 500 ETF Trust (NYSE:SPY) was up 1.5 percent.
Here are some of the top marijuana stocks (market cap above $100 million) in U.S. exchanges and how the performed over the last five trading days:
- 22nd Century Group Inc (NYSE:XXII): down 3.3 percent
- Aphria Inc (OTC:APHQF): up 0.8 percent
- Aurora Cannabis Inc (OTC:ACBFF): down 6.8 percent
- CannTrust Holdings Inc (OTC:CNTTF): down 4.95 percent
- Canopy Growth Corp (NYSE:CGC): down 4.4 percent
- Cronos Group Inc. (NASDAQ:CRON): up 1.4 percent
- Green Organic Dutchman Holdings Ltd (OTC:TGODF) down 0.3 percent
- Green Thumb Industries Inc (OTC:GTBIF) down 20.7 percent
- GW Pharmaceuticals PLC- ADR (NASDAQ:GWPH): up 7.3 percent
- Hiku Brands Company Ltd (OTC:DJACF): up 13.6 percent
- iAnthus Capital Holdings Inc (OTC:ITHUF): up 11.75 percent
- Medical Marijuana Inc (OTC:MJNA) down 1 percent
- MedMen Enterprises Inc. (OTC:MMNFF) up 2 percent
- MedReleaf Corp (OTC:MEDFF): down 3.4 percent
- Scotts Miracle-Gro Co (NYSE:SMG): down 0.7 percent
- THC Biomed Intl Ltd (OTC:THCBF): down 0.1 percent
- Zynerba Pharmaceuticals Inc (NASDAQ:ZYNE): up 7.1 percent
In Other News
A consortium of cannabis-related media professionals are conducting a Cannabis Media Survey. You can answer following this link.
Canadian cannabis company Tilray Inc. filed for an initial public offering on the Nasdaq, aiming to raise $135 million. The firm said it has applied to offer 9 million shares under the ticker “TLRY” at a price of $14 to $16 per share.
“The robust investment banking group involved with the IPO signals greater acceptance by the investing community of nationally licensed cannabis operations,” said Medical Marijuana's Titus. “Certainly, the progressive attitudes in Canada about cannabis are creating tremendous value for the licensed and legitimate enterprises. By contrast, in the US, we see no such investor interest in American companies, as they are only allowed to participate at the state level and remain federally ‘questionable.’ Thus, America continues to prevent expansion and growth of the industry and will likely lose top talent to Canadian entrepreneurs as ‘money talks.’”
ACMPR Licensed Producer of cannabis Sproutly Canada, Inc. (CSE:SPR) commenced trading on the Canadian Securities Exchange.
“The level of investor excitement displayed on Sproutly’s first day of trade as a public company was exceptional," said CEO Keith Dolo. "There is a lot of enthusiasm right now, as we look to displace current extraction methods. The cannabis sector is evolving, whereby investors are now focused on scientific advancements with respect to how marijuana is packaged, meeting multiple demands of consumers in the form of beverages or edibles. We believe our natural water-soluble solution to be a disruptor to the industry."
Sproutly previously announced signing of letters of intent to acquire Infusion Biosciences Canada Inc, a biotech company possessing the rights to Infusion Biosciences Inc.’s APP Technology for specific jurisdictions; and SSM Partners Inc., a management company engaged in the commercialization of products and formulation services for APP Technology in specific jurisdictions. The transaction is expected to be completed later this month.
Famed Canadian activist Jodie Emery found a way around a ban imposed by the government, which prohibits her to profit from cannabis: hemp! After a successful soft launch, Emery announced her new hemp-themed café, Jodie’s Joint, will be opening its doors to the public on July 23. Find it at 235 Augusta Ave. in Kensington Market, Toronto.
Canopy Growth announced it would acquire Tokyo Smoke owner Hiku Brands for C$269.2 million ($205 million).
“Canopy Growth paid a premium for Hiku Brands as this company has embarked on an acquisition frenzy to expand and control its market share,” said Green Market Report's Debra Borchardt. “Canopy paid 33 percent more than the stock's average price share and Hiku had to pay $10 million to WeedMD (OTC:WDDMF) to terminate their deal. I think we'll continue to see more of these larger deep-pocketed companies swallowing up these smaller emerging brands.”
Green Thumb Industries has been increasing the bench depth to its board of directors, with two notable additions. Last month we saw Glen Senk, former CEO of Urban Outfitters, Inc. (NASDAQ:URBN), join GTI’s board. This week, it was the turn of decorated veteran, social entrepreneur and best-selling author Wes Moore. Moore is currently CEO of Robin Hood, New York City’s largest poverty-fighting organization.
GTI founder and chairman Ben Kovler told Benzinga that adding “depth and expertise” to the company’s board is “especially important as we set ourselves up for the future as a publicly traded company. Glen Senk, who has worked with several of the world’s most iconic brands including Urban Outfitters, Anthropologie, Aritzia and Pottery Barn, is a visionary in the retail and branding spaces, and his experience serving at the helm of hyper-growth businesses is a key asset. We are also thrilled to welcome Wes Moore to the GTI Team. Wes offers an impressive mix of talents that align with GTI’s business and core values, including his entrepreneurial successes, activism on veterans affairs, finance background and dedication to revitalizing under-served communities.”
GTI also announced a C$80.3 million ($61 million) bought deal financing. The company plans to use the net proceeds from the offering for business development, including the acquisition of one of ten licenses in the regulated New York cannabis market and the build-out of five dispensaries in Ohio.
“GTI continues to execute on our strategy of ‘Enter, Open, Scale’ that we’ve outlined to our investors,” Kovler added. “We are excited about this equity offering and appreciate the support of our investors. GTI is well-positioned to continue to execute its growth strategy and will continue to take a highly disciplined approach to capital allocation and financial management to create value for its shareholders.”
Six-time Olympic swimming gold medalist Amy Van Dyken joined Medical Marijuana Inc subsidiary Kannaway as a spokesperson. In 2014, Van Dyken severely injured her spine in an ATV accident in Arizona and was airlifted to Craig Hospital just outside of Denver. She remained in hospital care for nearly two months and then began her long road to rehabilitation.
Prior to her accident, the pool was Van Dyken’s refuge, but her paralyzed state lead swimming to feel unbearable. Though she was able to work hard and walk again when using a robot exoskeleton that moved her legs for her, swimming was no longer something she wanted to do because it left her feeling helpless. Since taking CBD as a supplement, Amy is finally able to enjoy swimming again, as it is no longer such an exhausting activity.
“I'd love to shout it from the mountaintops… Kannaway’s CBD products really work! I was skeptical at first, but their CBD is making my life enjoyable again,” said Van Dyken. “I take two tablespoons of the Kannaway Pure CBD in my coffee every morning and I feel like a new person.”
Newly public Planet 13 Holdings Inc. (CSE:PLTH) announced its next dispensary will be located in Las Vegas, less than 10 minutes away from Wynn Las Vegas. The company claims this will be the largest dispensary in the world at 40,000 square feet, with grow space at 120,000 square feet. The Planet 13 Superstore is planned to open just off the Strip on Nov. 1, 2018. Designed to be an interactive entertainment experience that appeals to both cannabis aficionados and the general public, the superstore leverages the company’s existing cultivation, production, and retail operations to create a true Las Vegas attraction.
"Planet 13 is on track to launch the world’s biggest cannabis entertainment superstore complex and become the leaders in cannabis tourism – Vegas style,” said CEO Bob Groesbeck. “Located beside the Vegas Strip within sight of 65,000 hotel rooms, catering to the 55-million annual visitors, Planet 13’s cannabis superstore will open to the public this fall with a 40,000 sq-ft entertainment complex and expand to 110,000 sq-ft.”
Canopy Rivers said it's preparing to go public after raising $104 million.
Emblem Corp (OTC:EMMBF) unveiled its new consumer cannabis brand: Symbl.
Gwyneth Paltrow’s Goop brand joined forces with MedMen to launch a cannabis product line.
Aurora Cannabis announced a partnership with Evio Beauty Group to “develop a line of co-branded hemp seed oil cosmetic products… as well as a collection of CBD infused cosmetic products.”
Tree of Life (CSE:TOKI) started trading on the Canadian Securities Exchange.
This week Benzinga also reported on:
- Zynerba Pharmaceuticals posting positive data for its Phase 2 trial for ZYN002 in Fragile X syndrome
- Zogenix, Inc. (NASDAQ:ZGNX) releasing upbeat top-line results from its second pivotal Phase 3 study of ZX008 in Dravet Syndrome.
- Medical cannabis company Sunniva Inc (OTC:SNNVF) announcing it would be spinning off its Canadian assets into a separate Canadian entity.
- Aurora Cannabis acquiring CannaRoyalty (OTC:CNNRF)'s exclusive license to Wagner Dima's cannabis pre-roll technology.
Check out the most recent coverage of our expanding Cannabis Newsdesk following this link.
Find out more about this and other on MJ Freeway, Kush Bottles Inc (OTC:KSHB), and Nutritional High International Inc (OTC:SPLIF) with our friends at Marijuana Money, who make a weekly video summary of the top financial and business news in the cannabis industry.
Nevada Thrives On Cannabis Taxes
Last week, the Nevada Department of Taxation released legal cannabis tax revenue figures for April. As per the data, Nevada saw $55 million in total tax collections since adult use sales began on July 1, 2017. The number already exceeds the projected figure of $50.3 million in revenue with two months left in the fiscal year.
Leslie Bocskor, President of Electrum Partners believes there are two reasons for the successful first year.
“First off, I think everybody involved may have underestimated the demand from the forty-five million visitors to Las Vegas every year. There's no shame in having conservative estimates because sometimes you get nice surprises! More importantly however is that Nevada has what I believe is the best regulatory framework in the world,” he said.
Concentrate Sales Spike On 7/10
Weed enthusiasts celebrated “Dab Day” on Tuesday, July 10. “This holiday is getting stronger every year for dispensaries as sales jump for the day,” Borchardt told Benzinga.
Here are the data points recorded by Flowhub:
- 420 reigns king when it comes to cannabis holidays, beating 710 sales by 64 percent in 2018.
- Cartridge sales are on the rise, seeing a 94 percent increase in sales since 2016.
- When comparing top concentrate products sold from 2017 to 2018, we are seeing more diversity beyond shatter, which may imply more product availability and increasingly sophisticated consumers.
July 18: Cannabis showcase company REVEL and cannabis delivery marketplace and telemedicine platform Nugg will be celebrating Nugg's official launch into the New York state cannabis market by hosting an event in in New York City. The launch will consist of an educational showcase focused on cannabis and it's relationship with the human body, giveaways, networking, vendors and information on how to become a medicinal marijuana patient within the state of New York. For more information and to purchase tickets visit ontherevel.com
July 25-27: The NCIA will host its Cannabis Business Summit and Expo in San Jose, CA.
July 26: Front Range Biosciences and its partners are hosting an evening of networking, cocktails, and food, for cannabis growers and industry leaders in San Jose, CA. Request an invite here.
July 27–28: Cannacon Boston.
August 14–16: MJBizCon will host MJBizConINTL at the Metro Toronto Convention Centre.
August 16–17: Benzinga is hosting its first Cannabis Capital Conference in Toronto, Canada. Speakers include Alan Brochstein, Larisa Bolivar, Harrison Phillips, Giadha Aguirre de Carcer, Marvin Washington, Scott Boyes, Mark Lakmaaker, Brett Roper, Nick Kovacevich, Hadley Ford, Javier Hasse, Tim Seymour, Aras Azadian, Paul Rosen, Jodie Emery, and Cynthia Salarizadeh, among others.
September 7–9: Oklahoma is getting its first Hempfest ever: the Hempfest Oklahoma. “After a year of working with Oklahoma politicians and venues we finally get to announce the world’s largest hemp festival is coming to Oklahoma. With Dj Snoopadelic [Snoop Dogg] coming for a free show in Oklahoma and the massive 4-stage 3-day lineup we are about to announce, we are hoping to bring out the masses and educate on what the hemp industry really is,” Scott Mckinley, event organizer and CEO of Hi Tunes Distribution told Benzinga.
September 21–22: Anaheim, CA will get the CBD Expo West 2018. Powered by CBD Health and Wellness Magazine, the CBD-focused event will feature 75 exhibitors, along with a large lineup of presentations and panel discussions from experts in the production, distribution and sale of CBD products. Tickets and can be purchased online; check out cbdexpo.net for more detail.
Picture by Javier Hasse.
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.


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Strike Media has appointed Melissa Cogavin to the new position of consultant. Her role will be to grow the footprint and profile of Strike Media and advise on event cinema campaigns. Cogavin will also work closely on the expansion and growth of the social film app MyFilmClub for Wez Merchant, owner of both Strike Media and Under The Influence Of, MyFilmClub’s parent company.
George Eyles has been named chief executive officer of theatrical distribution software company Maccs. He will be responsible for the company’s operations in more than 50 countries. Maccs is a Vista Group company.
Award-winning supervising sound editor and re-recording mixer Will Files has joined Sony Pictures Post Production Services. Files, who spent a decade at Skywalker Sound, brings credits on more than 80 feature films, including Passengers, Deadpool, Star Wars: The Force Awakens and Fantastic Four. Files won a 2018 MPSE Golden Reel Award for his work on War for the Planet of the Apes. His current project is the upcoming Columbia Pictures release Venom out in U.S. theaters October 5.
Jay Wyatt has joined QSC Cinema as sales engineer. In his new role, Wyatt will be primarily responsible for pre-sales technical support, product training, and cinema system design consulting.
Deluxe Entertainment Services Group has announced that Skip Kimball has joined leading color grading and post house EFilm as senior colorist. Kimball brings to the company more than 30 years of experience spanning features, television, music videos, and commercials.
Industry veteran Bob Raposo has joined Sony Electronics’ Professional Solutions Americas group as head of its theatre business. In that role, Raposo will focus on expanding Sony’s relationships with exhibitors and delivering a new experience for moviegoers through crystal LED direct view technology as well as Sony’s high dynamic range-ready 4K laser projector.
Arts Alliance Media has named Patrick Foley CEO as a result of the planned departure of John Aalbers. Following the successful sale of AAM to Luxin-Rio late last year, Aalbers decided it would be an appropriate time to hand over the reins in order to pursue a number of other interests and opportunities.
The Event Cinema Association today announced that founder and managing director Melissa Cogavin has mutually agreed with the board of directors to resign her position. The board has elected to manage the day-to-day running of the ECA for an interim period and will be seeking a replacement for Cogavin in the near future.
NEC Display Solutions announced today that it has substantially enlarged its team dedicated to the Latin American region.
National CineMedia today announced that Mark Segall and Renana Teperberg have been appointed to its board of directors.

domain: news


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Today is Microsoft’s October 2021 Patch Tuesday, and it delivers fixes for four zero-day vulnerabilities, one of which is being exploited in a far-reaching espionage campaign that delivers the new MysterySnail RAT malware to Windows servers. Microsoft reported a total of 74 vulnerabilities, three of which are rated critical. MysterySnail Exploits Win32K Bug Security researchers pointed to CVE-2021-40449, an elevation of privilege vulnerability in Win32k, as standing out from the crowd of patches, given that It’s been exploited in the wild as a zero-day. This summer, Kaspersky researchers discovered that the exploit was being used to elevate privileges and take over Windows servers as part of a Chinese-speaking advanced persistent threat (APT) campaign from the APT IronHusky. The exploit chain ended with a freshly discovered remote access trojan (RAT) dubbed MysterySnail being installed on compromised servers, with the goal of stealing data. Bharat Jogi, Qualsys senior manager of vulnerability and threat research, told Threatpost on Tuesday that if left unpatched, “MysterySnail has the potential to collect and exfiltrate system information from compromised hosts, in addition to other malicious users having the ability to gain complete control of the affected system and launch further attacks.” Jay Goodman, Automox director of product marketing, told Threatpost via email that these kinds of privilege elevation attacks “can be used to access beyond what the current user…
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Des Plaines, IL: DSC Logistics was presented with the newly created "Diamond Club" recognition at Kellogg Co.'s annual Diversity Recognition Event in Battle Creek, MI. The Diamond Club recognizes diverse supplier companies with which Kellogg spends $25 million or more annually.
The partnership between DSC and Kellogg dates back to 1988. Since that time, DSC has consistently demonstrated its strength as a supply chain partner to Kellogg, growing the business and winning multiple awards through the years, including Kellogg's Top Gun award for excellence in service, cost, quality and innovation.
Ann Drake, chief executive officer of DSC Logistics, comments, "All of us at DSC appreciate the recognition of our strong partnership with Kellogg, and we are very proud of our Diamond Club recognition. It is rewarding to be involved in a partnership that can adapt and succeed through the changing business environment."
Kellogg has had a supplier diversity program in place for over 20 years. In 2009, the company spent more than $400 million on goods and services from minority- and woman-owned businesses. DSC has been recognized in the past with Kellogg as a "Platinum Club" member, which consisted of minority- and woman-owned businesses doing more than $10 million in business with Kellogg.
"Kellogg is growing as an organization, and we are looking for suppliers to grow with us," states Debbie Magers, vice president, global procurement, Kellogg. "We recognize that helping our suppliers develop is critical for our continued success." As a result, we created the "Diamond Club" to recognize diverse companies with which we spent $25 million or more. Without this growth from our suppliers, our own growth as a company would not be sustainable."


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It’s been two years since Bill Ackman launched the billion-dollar short bet heard ’round the world.
On Dec. 20, 2012, the founder of Pershing Square Capital Management LP announced his bet against the nutritional supplement company Herbalife Ltd. in a three-hour-plus PowerPoint presentation that spanned 334 slides. He called the company a “pyramid scheme” and said it has caused “enormous harm” to “vulnerable communities around the world.”
As of Thursday’s close, Herbalife’s stock was down about 11% from where it closed on Dec. 18, 2012 (word that Mr. Ackman was betting against Herbalife leaked the day before the presentation, causing the stock to drop). That change masks two years of massive volatility in the stock, millions spent by Mr. Ackman spelling out his case and millions spent by Herbalife defending its business model.
In the meantime, some of the world’s best-known money managers have piled into the stock, taking the other side of Mr. Ackman’s bet. Feuds between Mr. Ackman and some of his nemeses have been thrown into the public spotlight and at least one feud has morphed into perhaps a friendship.
Here’s a look back at Mr. Ackman’s Herbalife bet by the numbers:
Mr. Ackman’s short position in Herbalife: $1 billion
What Mr. Ackman has spent making his case that the company is a pyramid scheme:$50 million (as of July 2014)
What Herbalife has spent on its defense: $47.4 million (as of Oct. 30 2014)
Number of days that Herbalife’s stock has moved 10% or more: 12
Federal agencies that have been looking into Herbalife, according to filings and WSJ reports: 4 (FBI, DOJ, FTC, and SEC)
Major money-managers betting on Herbalife: 6 (Carl Icahn, George Soros, Richard Perry, Dan Loeb, Kyle Bass, and William Stiritz.)
Herbalife board seats held by Mr. Icahn’s associates: 5 of 13 directors
Analysts with a Buy rating on the stock: 4, according to FactSet (2 have neutral ratings and none have sell ratings).
Average price target on Herbalife’s stock: $63.80
Number of activist campaigns launched since start of 2013: 594, according to FactSet.
Number of those activist campaigns still pending: 286
Originally reported by: https://blogs.wsj.com/moneybeat
Get more information, facts and figures about Herbalife, click here for the Herbalife overview.


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Our regular updates on the restaurants that are going (many) and coming (fewer) in Champaign-Urbana.
Champaign-Urbana’s vibrant music scene is thriving in August, but that isn’t the only scene that will prove inviting for adults. Here’s our list.
Champaign lost one of its deep dish pizza producers this week — Giordano’s — at Market Place Shopping Center.
The Champaign-Urbana area has more than 30+ active trucks. We help you discover a new favorite, thanks to our friends at Dragon Fire Pizza.
One of Champaign’s most well-regarded restaurants has opened in a new location.


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CTNA makes 'major strategic advance' in Canada
Canadian Tire will launch two General brand tire lines supplied by Continental Tire North America Inc. (CTNA) this spring as part of a deal that CTNA officials are calling a "major strategic advance."
"This new partnership will have a boosting effect on the expansion of (CTNA's) market share in Canada," says Guy Hardiman, CTNA’s general market manager for Canada.
The two lines combined will provide more than 70% coverage of the passenger tire replacement market in Canada, according to CTNA officials.
"This is a major strategic advance for the General brand in Canada," says Andreas Gerstenberger, CTNA’s executive vice president, sales and marketing.
"It provides us a balanced channel strategy while increasing our footprint in the Canadian marketplace, while allowing us to reach a greater number of Canadian consumers."


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If there was any doubt about whether Delawareans are Eagles fans or still hold an allegance to Joe Flacco should look no further than jersey sales this football season.
A quick survey around some sports goods stores in Delaware shows that Michael Vick’s number 7 Eagles jersey far outsells Joe Flacco’s number 5 Baltimore Ravens jersey. At Al’s Sporting Goods store on Market Street in Wilmington the Vick jersey has sold out for the 4th time this fall. Joe Yaegar says the store should have a new shipment of jersey’s in for the playoffs. He says the Christmas season was a good for pushing the kelly green, midnight green, and white shirts.
He says University of Delaware alums still hold the Flacco jersey as a prize. An employee at Modell’s sporting goods in Newark, and a UD grad, says he makes sure there are always purple Flacco jersey’s on the floor. He does admit Vick is hot and a hot Eagle player will always out draw a UD icon.
Yaegar credits his store with jumping on the Vick bandwagon early on. He says it is one of the reasons for the brisk sales through the football season. Vick’s popularity still carries weight in Kent County. An employee at Legends Sporting Goods inside the Dover Mall says Vick outsells Flacco 80-20%. She says the store has sold out of all Vick inventory twice during the football season.
Now the big question all retailers want to know is how hot can either player get as the playoff season starts in a couple of weeks.


text: Replicating the pattern of the last quarters, footwear and apparel marketed by Salomon and Arc’teryx fueled the quarterly sales increase of their owner, the Amer Sports group. Hiking and trail-running products pushed up the group’s footwear sales, particularly in Europe, while all its apparel ranges performed well. Furthermore, pre-orders for these categories are robust, indicating that the growth should continue in the coming quarters. Amer Sports’ sales jumped by 21 percent for the quarter to €449.1 million, an increase of 12 percent in constant currencies. The Finnish company achieved improvements in sales as well as earnings, partly on the back of restructuring and strategic changes launched last year. Footwear contributed a sales increase of 45 percent to €91.1 million, which would still be an increase of 34 percent in constant currencies. Apparel sales were up by 37 percent to €38.9 million, and the underlying sales rise was an increase of 28 percent (more in SGI Europe).


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Posts Tagged ‘ Suzuki iV-4 ’
There were a number of new concepts and production models unveiled at this year’s Frankfurt Motor Show, but one of the most hyped was the new Suzuki compact crossover vehicle. The iV-4 stood out immediately for its bright turquoise hue, and will reportedly offer a variety of customisable features when it is released in 2015. […]
Little known fact: Suzuki was one of, if not the, first car companies to make a compact SUV, better known these days as crossover. Now they have put together all they’ve learned over the years from the LJ series, to the Jimny, to the Vitara, and built this, the Suzuki iV-4 crossover.
At this year’s Frankfurt Motor Show Suzuki will reveal its latest contender in the hugely popular crossover segment. Called the iV-4 and dubbed a small SUV concept, this car previews an upcoming production model to be added to Suzuki’s utility vehicles lineup.


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Strauss Zelnick, the chief executive officer at Take Two, says that some third-party publishers will not be able to move their games to the next generation of home consoles and that bankruptcies are a possibility.
Speaking at the Credit Suisse 2012 Technology Conference, quoted by Gamespot, the executive stated, “Historically, in every transition that’s occurred in this business, one or two third-parties have gone out of business. Last time around it was Midway and a couple of others. Reasonable people can argue about which one it’ll be this time.”
The company that seems to be in the most trouble at the moment is THQ, which has financial problems and delayed most of its game releases.
Zelnick added, “I have my own point of view, which I haven’t exactly been quiet about. We make sure we’re not on the list of casualties; to the contrary, we’re on the list of winners.”


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G.Skill unveils its 16GB DDR4-4600 Trident Z memory kit
Running at 4600MHz CL19
G.Skill has unveiled its latest extreme performance Trident Z memory kit which comes in 16GB (2x8GB) capacity and working at 4600MHz and CL19 latency.
G.Skill DDR4 breaks world record at 5,500MHz
On MSI X299 motherboard and Intel Core i7-7740X CPU
G.Skill has been recently pushing the memory envelope hard, and with the latest DDR4 memory it has moved the frequency mark to a whole new level but today it told us that its DDR4 memory managed to break a record at 5,500MHz.
G.Skill shows Trident Z DDR4-4800 at Computex 2017
With Intel Core X-series CPU on X299 platform
G.Skill has managed to hit a rather impressive 4800MHz with its Trident Z DDR4 16GB (2x8GB) at the Computex 2017 show.
G.Skill unveils new Trident Z RGB 16GB DDR4 module
The new 16GB module for 64GB and 128GB kits
G.Skill has unveiled its newest Trident Z RGB DDR4 memory kits that will use the new 16GB modules designed for Intel's X99 and Z270 platforms.
G.Skill announces new DDR4 memory for Intel Z270
Brings tighter latencies
G.Skill has announced its new DDR4 memory specifications designed for Intel's new 7th generation Core processors and Z270 motherboards, which will be a part of its well-known Trident Z series.
G.Skill unveils new Trident Z RGB series memory
Full-length light bar
G.Skill has announced its newest Trident Z RGB DDR4 memory modules and kits that will combine a full-length RGB light bar with its recognizable Trident Z heatspreader design.
G.Skill unveils its fastest DDR4 Trident Z 64GB memory kit
Four 16GB modules running at 3600MHz
G.Skill has announced its latest and fastest Trident Z DDR4 64GB (4x16GB) memory kit working at 3600MHz with CL17 latency.
G.Skill announces new Trident Z DDR4-3866 32GB kit
Raises the bar on DDR4 memory
G.Skill is pushing DDR4 memory limits even further as it released its newest 32GB Trident Z memory kit working at 3866MHz.
G.Skill introduces Trident Z DDR4 3466MHz and DDR4 4500MHz modules
16GB and 128GB kits at 16-16-16-36
Today during Computex 2016 in Taiwan, high-performance memory manufacturer G.Skill announced two new top-tier DDR4-4500 and DDR4-3466 memory packages designed for quad-channel motherboard platforms and now claim to offer some of the highest performance around.
G.Skill Trident Z DDR4 module goes over 5000MHz
Toppc hits new memory frequency world record
G.Skill has announced that its Trident Z DDR4 memory has achieved a new frequency record of over 5000MHz.


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Council continues to buck the national trend for empty high street units
Telford & Wrekin Council is continuing to buck the national trend by creating vibrant high streets across the borough.
Latest figures from 2022 show that out of 727 retail units across towns in Telford and Wrekin, just 32 (4.4%) stand empty - well below the UK national average of 13.8%.
The council helps businesses to launch on the high street through its successful ‘Pride in Our High Street’ initiative which aims to revive the borough's high streets and support local businesses.
Through the programme, over the last three years the council has handed out 291 grants to local businesses, totalling over £1.1 million.
Among these grants are 59 business start-up grants, helping new businesses to launch on the high street, and 45 start-up trial grants which enable businesses to test the waters as pop-up stalls on markets or in empty retail units.
The initiative has also awarded 53 eco grants to help businesses become more sustainable, 31 façade grants to improve shop frontages and enhance the overall appearance of high streets, and 19 digital grants to equip businesses to trade effectively in the digital arena.
More recently, the Council has provided 63 diversification grants initially aimed at helping businesses through the COVID-19 pandemic and which now support them through the cost-of-living crisis and the impact on businesses needing to diversify to sustain their business.
Councillor Lee Carter (Lab), Telford & Wrekin Council’s cabinet member for place (the economy & neighbourhood services), said: "We continue to make great progress tackling empty shop units and breathing new life into our high streets through the Pride in Our High Street programme.
“The number of empty units in our towns across Telford and Wrekin is well below the national average which underlines our commitment to supporting local businesses during these challenging financial times.
“These results are a testament to the resilience and hard work of our local businesses and their commitment to our communities.
“This is something we are incredibly proud of and just highlights the success rates that Telford & Wrekin Council is achieving through the Pride in Our High Street initiative.
“The series of grants that we provide have made a huge difference to many businesses, enabling them to occupy previously empty high street units and encouraging people to shop locally.
“The grants have helped businesses to grow and develop, while also improving the overall appearance of our high streets.
“We remain committed to supporting local businesses and creating vibrant high streets which we can all be proud of.”
For more information on grants, funding, and support available for our high street businesses visit: www.telford.gov.uk/info/20715/pride_in_our_high_street


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The Argentine government is clearly getting worried about the effects of the constant money printing on everyday purchases:
Today, in a futile attempt to halt inflation, the government of Cristina Kirchner announced a two-month price freeze on supermarket products. The price freeze applies to every product in all of the nation’s largest supermarkets — a group including Walmart, Carrefour, Coto, Jumbo, Disco and other large chains.
Of course, rather than dealing with the cause of the inflation, they continue to only “treat” the symptoms. Empty shelves won’t be far behind.


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A great deal of attention is being laid upon blockchain technology this year and numerous companies are beginning take advantage of possible advancements. Vintage sneaker company Chronicled raised $3.4 million in seed funding to use blockchain technology to secure product authenticity.
As for Bitcoin employees can more easily get their wages in bitcoin from Bitwage (with the release of the company’s API) and BitAccess now allows customers to buy bitcoins via over 6,000 merchants in Canada.
All of this attention on blockchain technology has led industry leaders to look to private and proprietary blockchains (such as R3CEV, LLC and the Hyperledger project). However, many in the Bitcoin industry see the turn towards private blockchains as fraught with problems and eschewing one of the things that makes a blockchain function.
Finally, the gaming community received an interesting new entry with Huntercoin, a 2D massively multiplayer online (MMO) game that uses a cryptocurrency (HunterCoin) as its currency.


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‘Live’s’ annual ‘Holiday Sweater Party’ returns Friday, Dec. 18
Kelly Ripa and Ryan Seacrest will keep the holiday spirit front and center with two special December broadcasts: “Live’s Holiday Sweater Party” and “Live with Kelly and Ryan @ Home for the Holidays.”
Airing this year on Dec. 18, “Live’s Holiday Sweater Party” is the show’s yearly tribute to that most iconic and festive piece of holiday garb. Joining in the 2020 festivities will be Goldie Hawn and Kurt Russell, checking in with Kelly and Ryan to talk about their movie “The Christmas Chronicles: Part Two.” “Live’s” annual holiday sweater pageant will go virtual this year, with five finalists vying for a $2,000 prize. Adding to the fun will be a virtual audience from across the country, all decked out in their holiday best.
On Dec. 22, the singing superstar most connected to Christmas, Mariah Carey, will be on hand for the 2020 edition of “Live’s” annual holiday episode, “Live with Kelly and Ryan @ Home for the Holidays.” Carey will celebrate the countdown to Christmas with the hosts and share details about her new Apple TV+ program, “Mariah Carey’s Magical Christmas Special.” In addition, singer Alanis Morissette will offer up a rendition of the John Lennon/Yoko Ono classic "Happy X-Mas (War Is Over).”
“Live with Kelly and Ryan” is distributed in national syndication by Disney Media Networks. It airs locally at 9 a.m. weekdays on WKBW-TV Channel 7. Visit “Live” on the web (KellyandRyan.com), Facebook, Instagram, Twitter and SnapChat (@LiveKellyRyan).
•On Friday, December 4, Apple Music Hits, Apple Music’s new radio station, will host its first-ever “Mariah Day,” with on-air talent playing their favorite Mariah Carey tracks and mixes all day. Apple Music will also celebrate the release of the Apple TV+ spectacular “Mariah Carey’s Magical Christmas Special,” showcasing the “Oh Santa!” soundtrack single and music video featuring Ariana Grande and Jennifer Hudson.
On Monday, Dec. 7, Apple Music’s flagship radio anchor Zane Lowe will sit down with Carey for an Apple Music exclusive interview. The two will take fans through Carey’s personally curated playlist of favorite holiday songs, and discuss her new music and recent memoir. Then on Dec. 25, Carey will appear on Apple Music Hits for a six-hour “Holiday Hits” special, featuring her most beloved festive songs, and introduce the new version of “All I Want For Christmas Is You” from the Apple TV+ special. She’ll also share her own holiday memories, alongside additional artists and Apple Music radio hosts with their own Christmas messages for fans.


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Quartile Acquires Sidecar to Form Largest Cross-Channel E-Commerce Advertising Platform
Quartile, the leading ad optimization platform for top e-commerce marketplace sellers, today announced it has acquired Sidecar, a performance marketing technology provider for e-commerce retailers and brands that works across all major advertising platforms, including Google, Microsoft Bing, Facebook, Instagram, and Amazon.
The two companies will combine under the Quartile name, growing the brand into the world’s largest cross-channel e-commerce advertising platform. Both platforms apply machine-learning and natural-language processing to provide data-driven strategies and best practices to brand marketers while also offering best-in-class reporting and ad management.
Quartile expects the acquisition to double its amount of advertising spend under management across all platforms to $2 billion in 2021. Unilever, Burt’s Bees and Thrasio are among the more than 5,000 brands currently using the platforms on e-commerce channels like Amazon, Google, Instacart, Walmart, Facebook and Shopify. The combined company will have clients across 26 countries.
"By combining Sidecar's best-in-class solution and expertise managing campaigns for DTC e-commerce merchants with our proprietary AI-driven analytics and optimization platform, we will create the most comprehensive and powerful e-commerce suite," said Daniel Knijnik, co-founder and CEO at Quartile. “The two companies’ complementary businesses, products and relationships will offer unrivaled benefits for our combined customers, employees and other stakeholders across a diverse set of markets.”
"Retail marketers and small businesses are up against great odds when it comes to being seen in online marketplaces. Only 0.1% of products account for around 80% of the sales on e-commerce marketplaces, so brands recognize they need a holistic solution to help them compete in all marketplaces and direct-to-consumer websites,” added Knijnik.
Both Quartile and Sidecar have witnessed exponential growth in recent years as fiercer competition among e-commerce merchants has led to increased advertising spend. Amazon is predicted to grow its ad revenue to $24.47 billion by the end of 2021, an increase of 55.5% year over year, closing the gap as the world's third-largest ad network after Google and Facebook (whose ad revenues grew 34% and 43%, respectively). The platforms provide e-commerce marketers with a critical edge in this fast growing industry.
"We share a passion with the Quartile team for helping small businesses and large retailers grow their exposure, shopping audience, and brands across channels," said Andre Golsorkhi, founder and CEO of Sidecar. "This acquisition is the ultimate example of how we continue to dig in for our customers as their challenges become more complex. By combining the aptitudes and technologies of Sidecar and Quartile, we are continuing to ensure the performance marketing excellence that retailers rely on us for.”
Terms of the acquisition were not disclosed. The combined businesses will comprise a team of more than 300 personnel. Rockbridge Growth Equity, a Detroit-based private equity firm which originally invested a minority stake in Quartile in September of last year, will remain the lead institutional investor in the transaction. Existing Sidecar shareholders will also own a significant stake of the post-acquisition Quartile entity. Investment Bank Canaccord Genuity served as the exclusive financial advisor to Quartile and Rockbridge in connection with the transaction.
“We are thrilled to be partnering with the Sidecar team,” said Kevin Prokop, founder and managing partner at Rockbridge. “The Sidecar team has built an exceptional business. We believe the combination of Quartile and Sidecar creates a distinctive company that is uniquely positioned to capture the exciting opportunities in the e-commerce marketing industry.”
Founded in 2016, Quartile is an artificial intelligence and machine learning-powered ad optimization platform for leading e-commerce marketplace sellers, such as Amazon, Walmart.com, and Instacart. Quartile’s advertising technology uses proprietary technology and six patented algorithms to make real-time decisions based on accurate data for improved performance and growth. The Quartile platform is an easy-to-use dashboard that equips sellers with the tools to manage their retail media in every marketplace, enabling them to optimize campaigns at the product level to maximize sales, lower the advertising cost of sale (ACoS), and improve margins. For more information visit: www.quartile.com.
Sidecar offers performance marketing excellence to retailers and brands. Sidecar’s advanced technology and proprietary data, combined with years of performance marketing expertise, help its customers unlock the full potential of today’s most powerful search, shopping, social, and marketplace channels. For more information, visit: getsidecar.com
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L&T Technology Services Wins USD45 Million EV Deal from U.S. Auto Tier 118.1.2022 17:46:00 CET | Press release
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Hillstone Networks Sets New Standard in Intelligent, Reliable and Automated Security Solutions With StoneOS 5.5R918.1.2022 17:00:00 CET | Press release
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Mohammed bin Rashid honours 10 Winners of 2022 Zayed Sustainability Prize18.1.2022 16:02:00 CET | Press release
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Andersen Global Broadens Footprint in Asian Market through Collaboration with Law Firm in Sri Lanka18.1.2022 15:30:00 CET | Press release
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Bonitasoft Bolsters Leadership with New CFO and VP Marketing
زمان تقریبی مطالعه: ۲ دقیقه
Bonitasoft today announced the addition of two new senior leaders: Cyrille Kechavarzi in the role of chief financial officer and Carole Winqwist as vice president of marketing.
Kechavarzi comes to Bonitasoft from Gartner, where he spent over 12 years, ascending to FP&A director of EMEA. Kechavarzi has worked more than 20 years in total in the IT and Telecom sector.
Winqwist is an accomplished marketing leader, joining Bonitasoft following a nine-year career at Infor, a leading provider of business applications specialized by industry and built for the cloud. Winqwist worked nine years for New York-based Infor’s EMEA field marketing, heading up most of the regional units before taking over as senior director of EMEA marketing’s shared service center in 2015.
“Cyrille and Carole are two bright and seasoned professionals, engrained within their respective industries, and well positioned to take Bonitasoft to the next level,” said Miguel Valdés Faura, CEO and co-founder of Bonitasoft. “After six years in business, Bonitasoft is hitting stride with a new platform and a new direction. Cyrille and Carole have the skills and the experience to help us take advantage of the business opportunities ahead of us.”
Bonitasoft recently announced the biggest platform upgrade in its history. Bonita BPM 7 represents a strategic evolution for the company and a major innovation in the BPM space. It enables developers to create highly engaging, powerful, personalized, process-based applications that can be adapted to business changes in real time.
Additionally, Bonitasoft has achieved strong growth across business segments and geographies, securing more than 1,000 customers in 70 countries.
– See more at: https://www.bonitasoft.com/node/15413#sthash.DAxwc3Gg.dpuf


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Bumi Serpong Damai, Tangerang, MINA – After going through a long process of negotiations and assistance from the Indonesian Consulate General in Jeddah, businessmen from Saudi Arabia and Indonesia agreed to sign two trade contracts on the sidelines of the 2019 Trade Expo Indonesia (TEI) event.
The 34th TEI which is the largest export product exhibition in Indonesia held on October 16-20 2019 at Indonesia Serpong Damai Convention Convention (ICE), Tangerang, Banten.
“Today’s agreement is the result of the government’s strong commitment to encourage exports,” explained Indonesian Consul General in Jeddah in their statement as received by MINA on Monday, October 21.
The trade contracts were signed by Mizanain and PT Sido Muncul Tbk, as well as SBTC and PT Eka Timur Raya, with a total value of both US $2.4 million. Present in the agreement were Mizanain Trading and Marketing Company Owner Abdillah and Achmad Zar’an, representatives of SBTC
“Rejecting wind is the 57th Indonesian product that has entered the last three years,” said Gunawan, Head of the ITPC Jeddah who helped in initiating the process of the entry of Tolak Angin into Saudi Arabia.
Some new products that have entered Saudi include Catfish for Hajj Catering consumption, Diet Sugar Products from Nutrifood and some Herbal medicine products from Indonesia
The SBTC is a Saudi Arabian company that won Primaduta Award for participating in boosting the trade value between Indonesia and Saudi, especially in the MSME market sector.
After signing the agreement, representatives from SBTC emphasized that the company has long been partnering with entrepreneurs in Indonesia.
According to him, in addition to product quality, one of the things that kept him working with Indonesian entrepreneurs is hospitality in interacting and always showing a sense of friendship and family.
“For us, the people of Indonesia are like brothers and we remain committed to continuing to import products from Indonesia so that Middle Eastern people can easily get quality Indonesian products in their countries,” he added. (L/Sj/P2)
Mi’raj News Agency (MINA)


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Entrust dividend to provide some relief amid high cost of living
Getting a boost to your bank account is now only a click away
With high prices hitting our pockets now more than ever, Entrust’s 2023 annual dividend payment will be a welcome reprieve this spring.
Getting this payment is a straightforward process; eligible Aucklanders within the Entrust District simply need to double check the payment details on Entrust’s payment preference forms. These forms are being sent out this week by post or for those who receive an email from us they can access our new secure online facility.
Entrust Chairman, William Cairns, says Trustees are excited to launch an online option for beneficiaries to update their payment preference details this year.
“I know that it can seem like a hassle to complete the form, but it will only take a few minutes. For many, this will just involve checking over the form to ensure that their details haven’t changed from last year.”
For the first time this year, Aucklanders within the Entrust District of central, east, and south Auckland, who have provided their electricity retailer with an email address, will be able to update their payment details online. They will be sent an email from Entrust with instructions explaining how to do this.
If Entrust is not supplied with an email address by the electricity retailer, a payment form will be sent out in the post, and these will need to be completed and returned if there are changes. If you receive your payment form in the post this year but would like to do it online in the future, you need to update your email details with your electricity retailer.
“With costs of living going through the roof, this year has been incredibly tough for many Aucklanders. The Entrust dividend payment will hopefully provide some relief and help to cover everyday costs, such as rent, petrol or groceries, or it may be used as a power bill credit. Some Aucklanders who received the dividend last year told us they used it to take their family on a special outing they could not otherwise have afforded such as a day out at the Zoo or the movies. Every little bit helps, and we look forward to hearing about the difference the dividend makes this year,” says Mr Cairns.
Those receiving the forms via post or online get to choose whether they want the September dividend payment credited to their bank account or used as a credit on their power account. For those who are not sure if they are eligible for this payment, there is a map and list of eligibility criteria along with answers to commonly asked questions at www.entrustnz.co.nz.
Whether your form arrives via email or in the post, Entrust will need to receive any updated payment details by no later than Friday 04 August.
The Entrust dividend is New Zealand’s largest dividend pay-out, with over $2 billion paid out to Aucklanders since 1994. Last year, 351,000 households and businesses received $273 plus an extra $30 from Vector, injecting $95.8 million into the Auckland economy.


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Microsoft chief technology officer Kevin Scott didn't completely dispel rumors about the tech giant developing its own AI chips.
Meta CEO Mark Zuckerberg took the wraps off of his company's new Meta Quest 3 headset and Ray-Ban Meta smart glasses.
Major tech stocks are inching closer toward correction territory, defined as a decline of 10% or more from July highs. Over the past month, tech giants like Apple (AAPL), have seen share prices fall significantly. Yahoo Finance's Jared Blikre explains the downward trend seen in the technology sector. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.


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MEDFORD, Ore. — Southern Oregon has a new stop for Tesla owners needing a charge and maybe a bottle of wine.
2Hawk Winery just opened up three new Tesla charging stations at their tasting room on North Phoenix Road.
Ross Allen and his wife took over 2Hawk in 2014 and began working to make the winery more environmentally friendly.
“We added a solar component and that solar component provides a hundred percent of the energy needed for our winery. And so, the Tesla chargers is just another arm of our environmental reach,” explained Allen.
Since all the power the winery needs is generated by solar energy, that means Tesla owners can charge up without using the power grid.
Tesla lists two other charging stations in the Rogue Valley, both in Ashland.
© 2024 KOBI-TV NBC5. All rights reserved unless otherwise stated.


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Boehringer Ingelheim intends to make a significant investment in its three manufacturing sites in Mexico in the next three years, starting with its site near Mexico City where it makes diabetes meds.
The drugmaker today said it will invest about 1 billion Mexican pesos ($52 million) over the next two years in its Xochimilco site, a sum that should boost capacity. The goal is to increase production to 2.5 billion tablets annually in 2028 from about 1.6 billion tablets now, the company said, according to a translated story in Milenio.
The plant expansion, which will allow the German drugmaker to increase export capacity to the U.S. as well as to Argentina, Colombia and Brazil, was announced by Miguel Salazar, CEO of Boehringer in Mexico, Central America and the Caribbean, according to the report.
The expansion at the Xochimilco plant is part of an investment plan to invest 1.6 billion pesos ($84 million) by 2023 to boost production at all three of its production sites in the country, Manufacturing Chemist reports.
The expansion in Mexico comes as the company has made some changes in the way it treats newer, more complex products as opposed to older products that are easier to manufacture.
Last year, Boehringer started construction on a $100 million R&D and manufacturing facility in Germany where it will both develop and manufacture more complex tablets for global launches. At the same time, it is moving production of what it calls “older, easier-to-manufacture drugs” to other sites worldwide.


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Developers descend on permitted South Yarra sites
Developers are targeting inner-city Melbourne hotspot South Yarra as the supply of potential development sites dwindles.
CBRE has sold three permitted development sites in South Yarra in the last three months, in deals totalling almost $40 million.
Another three sites have sold to both local and offshore developers over the past nine months, with land values soaring to between $12,000 and $16,000 per square metre.
Associate director of CBRE Victorian Developments, Julian White, says despite booming prices, demand for South Yarra sites has continued unabated.
“The major trend of 2016 has been a flight to quality, with heightened demand for prominent landholdings in premium locations,” White says.
“Secondly, luxury apartment product has emerged as the most popular sector of the Melbourne apartment market, with developers confident of achieving $20,000 to $30,000 per square metre for new apartment product within locations such as the Domain and Fawkner Park precincts of South Yarra.”
In another test for the market, a 1784sqm site at 146 Toorak Rd West is being sold via an international expressions of interest campaign.
CBRE’s Mark Wizel says the site comes with a town planning permit, which significantly increases its allure for developers.
“Given the tightly-held nature of Domain precinct and protective planning controls, buying with a permit in place will save developers substantial time and cost,” Wizel says.
“As a result, we expect strong interest from Melbourne’s leading local developers and a range of developers from Asia, including mainland China.”


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Bhumi Pednekar's sister Samiksha Pednekar shared a video on Instagram of all their foodie memories from the year gone by.
Bhumi Pednekar took to Instagram to share a photo of a veg Biryani she recently devoured, and a special ingredient used in it may surprise you!
As Bhumi Pednekar also turned a year older, her birthday party was no less than a luxurious affair!
Bhumi Pednekar enjoyed a number of delicious foods while she was in Glasgow and London for her film's shoot.
Bhumi Pednekar's recent Insta post has gotten everyone drooling. The actor is setting the bar high up for food and travel goals!
Bhumi Pednekar revealed her foodie side in a recent Ask-Me-Anything session with fans. She spilled the beans about her daily diet, favourite food and more.
Bhumi Pednekar indulged in a healthy dessert that was perfect for summer. Take a look at what she ate!
Bhumi Pednekar has been championing for environmental causes, and her take on the great Indian thali was no different.
Bhumi Pednekar's next venture Dolly Kitty Aur Who Chamakte Sitare, wherein she stars with Konkona Sen Sharma is also set to release on a popular streaming app soon.
Bhumi Pednekar is enjoying the New Year celebration with close friends and family. The actress posted pictures of what looks like to be her grand desi feast for welcoming the New Year.


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Subaru Probably Won't Build EVs In North America, Citing High Wages At McDonalds
Apparently, the Inflation Reduction Act’s clauses aren’t strong enough to get Subaru to invest in US EV manufacturing.
In a report from Automotive News, Subaru says that probably won’t invest in US EV manufacturing. The brand’s CEO Tomomi Nakamura cites inflation, and rising American manufacturing costs as the reasons for Subaru’s lack of interest in investing in US manufacturing sites.
Curiously, Nakamura cites the wages at the local Mcdonald’s, claiming that Mcdonald’s workers in Indiana can make $20 to $25 per hour, which is about as much as a temp employee at the Subaru plant would make. Subaru thinks that if it were to expand, it would have a hard time finding employees to work for the wages it would offer.
Without being produced in North America, Subaru’s EV efforts won’t qualify for the Inflation Reduction Act’s tax credit, potentially putting their vehicles at a price disadvantage. Subaru’s lone EV, the Solterra, is made in Japan. The Solterra has only begun to slowly trickle on dealer lots.
It’s an odd comment from the manufacturer and one that bucks the trends from other OEMs who have increasingly decided to invest in North American manufacturing. Even Toyota and Honda have big plans to make EVs here, but it looks like Subaru’s going to sit this one out.
Subaru wants to go completely electric by the mid-2030s. Given the fact that North America is one of its biggest markets, it seems a bit short-sided to not invest in any sort of EV production on the continent.
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Japan Tobacco International (JTI) has announced that, in partnership with TM EYE, the company has delivered another success in securing a conviction against a seller of illegal tobacco.
At Highbury Corner Magistrates’ Court on 13 July, Evtim Yotov pleaded guilty to selling tobacco products that broke UK labelling and packaging laws. Mr Yotov was ordered to pay a total of £1,180 in fines and costs.
Evidence of the offences was obtained via a series of undercover mystery shopping operations conducted outside a car boot sale held at Coles Park Stadium, London N17. Eight illegal products, all 50g packs of roll your own tobacco, were purchased during the investigation.
Charlie Cunningham-Reid, UK Head of Corporate Affairs, said
“We welcome the decision made by the Court in this case. This is the second successful private prosecution supported by JTI against a criminal selling illegal tobacco, which demonstrates the company’s commitment to help tackle the problem of illegal tobacco and we will not hesitate to take similar action in future.”
Mr Yotov was one of two sellers identified during the operation at the venue and had been due to appear in Court on 31 May where the other seller, Gary Williams, was convicted (see JTI press release of 1 June for details). However, Mr. Yotov failed to attend and a warrant was issued for his arrest.
- Mr Yotov, age 35, of Park View Gardens, London N22, sold mystery shoppers illegal tobacco on three occasions in March 2018
- Mr Yotov pleaded guilty to selling products that breached Regulations 5 and 7 of The Tobacco and Related Products Regulations 2016http://www.legislation.gov.uk/uksi/2016/507/contents/made
- Information about TM EYE can be found on their website – www.tm-eye.co.uk
- Details of the other prosecution can be found here.


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Electric vehicle company Tesla has reported its vehicle and delivery numbers for the first quarter of 2022 ended on the 31st of March.
In the quarter, the company produced a total of 305,407 vehicles and made a delivery of 310,048 vehicles in that same period. According to the company, its Model 3 and Model Y vehicles made up 95 percent or 295,324 of the total deliveries in the first quarter of 2022. Although the numbers reported by the company are impressive, especially when compared to the same period in 2021, the company produced 4,641 fewer cars than it delivered, less than it had projected for the quarter and cited “ongoing supply chain challenges and factory shutdowns” as the reason for the setback.
In the first quarter of 2021, the company produced 180,338 electric vehicles and delivered 184,800 electric vehicles.
The expectation of analysts for the delivery of Tesla vehicles, according to estimates compiled by FactSet as of March 31st, came in at 317,000 vehicles which the company fell short of.
Notably, the company opened its first manufacturing facility in Europe. The factory had a ribbon-cutting ceremony on the 22nd of March. The new manufacturing facility is called the new Giga Berlin plant and is located in Grünheide, a coal town in Brandenburg, Germany, within commuting distance of the capital.
The company is also planning to host a grand opening and “cyber rodeo” event on the 7th of April, at another vehicle assembly plant located in Austin, Texas. Last year, on the 1st of December, the company moved its headquarters to Austin. Its first electric vehicle factory located in Fremont, California, is still in operation.
Like other companies, Tesla’s operations in the first quarter were affected by a surge in Coronavirus cases and new health restrictions imposed in China which saw the company temporarily pause operations at its Shanghai plant in China.
Apart from these, the unavailability of car parts, as well as inflation, continues to pose a problem for companies in the auto industry like Tesla. However, compared to the challenges faced in the quarter, Tesla did quite well with its numbers.


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SSEK, led by partners Rusmaini Lenggogeni and Stephen Igor Warokka, is working with the European Union on a project to produce guidelines for business on halal certification for food products in Indonesia.
As part of that project, SSEK recently discussed the halal guidelines that SSEK produced, with GOPA consultants, at an EU Delegation meeting attended by around 40 participants.
SSEK then attended a follow-up meeting with trade counselors from EU member states to discuss the Indonesian Halal Law and the halal certification process. This meeting was attended by the EU Delegation to Indonesia and ambassadors, deputy heads of mission, political officers and economic and trade counselors from the Indonesian embassies of EU countries including Austria, Belgium, Czech Republic, Denmark, France, Poland and Spain.
The halal guidelines produced by SSEK explain the halal product assurance (inspection) and certification processes in Indonesia (as of March 2020), and how businesses can obtain certification under the prevailing laws and regulations.
SSEK Halal Practice
SSEK has a growing halal practice. Our lawyers work with a range of clients on the halal certification process in Indonesia.
In addition to the project with the EU, our recent projects include assisting a multinational pharmaceutical company with the halal certification process for the company's vaccines, advising a French multinational food products corporation on product registrations and halal certification in Indonesia, and advising an American manufacturer and distributor of natural nutrition supplements and beauty products on halal certification for its products.


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Popcorn Time is a streaming service that was often referred to as the “Netflix for Pirates” when it first emerged. The app launched more than seven years ago and Netflix was the main streaming product out there, but many people still resorted to piracy. Perhaps Netflix wasn’t available in their country or they were not willing to subscribe. Netflix has expanded significantly since then, reaching virtually every possible market. Subscriber counts went up and each new paying customer brought on several more Netflix content consumers, as Netflix accounts are routinely shared between family and friends. The cost of the service went up as well, while Netflix dumped billions into creating original shows and movies to keep subscribers happy.
Everyone else in the business has launched a Netflix alternative in the past few years.
Several movie companies accused the operators of the Popcorntime.app of massive copyright infringement, Torrent Freak reports. The court already issued a preliminary injunction against the service, ordering the registrar to lock the domain name so that it could not be transferred. Unsurprisingly, the site went down soon after. The case might be ongoing, but the victory makes sense.
The Popcorn Time developers handling the latest version of the project have told the blog that a comeback is in the works. Aside from issues with domain names, the team has also lost access to its Cloudflare account. The latter supposedly isn’t a problem caused by the trial. Instead, it’s the result of “internal” issues.
It’s unclear when the service will be resurrected. But just as it makes sense to see courts award early victories to movie studios in these cases, it makes sense to assume that any piracy service will return to life swiftly after any action taken against it. We’ve seen it before, and this cat-and-mouse game will continue for some time to come.
TorrentFreak points out that movie studios are going the extra mile to attack services that might enable streaming piracy. One example is VPN provider VPN.ht, which is also a defendant in the new case. The court signed a temporary restraining order forcing PayPal to freeze the VPN company’s funds. On the other hand, the Popcorn Time code is available on GitHub. That means anybody can create another fork.
Whatever your stance might be on Netflix for Pirates, the easiest route for getting guaranteed access to streaming entertainment is to subscribe to a legal service, whether it’s Netflix or something else. Sharing the costs between family members or a group of friends is an option that will help cut the monthly bill. Not to mention that using an official streaming service is also more secure than any product that streams pirated content.


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Congratulations to our co-founder and CEO, Tobi Oludayomi, who was included in the 2017 BIMA 100, which honours the individuals who are shaping the future of Britain’s digital industry; from Rising Stars to Innovators & Entrepreneurs.
The list, published every year by BIMA (British Interactive Media Association) a membership organisation representing and connecting the British digital sector, celebrates the most influential players in UK digital. The 100 were chosen from public nominations by a selection panel of industry experts.
Tobi founded the agency in 2012, he oversees the agency’s new business team and is also responsible for the identifying new opportunities in new markets. His passion for disruption and self-improvement has helped the agency win clients from across the globe and carve a niche for itself in the African market, helping multinational brands like PZ Cussons develop and launch digital products.
Tobi was amongst fine company at the exclusive event celebrating the 100 and their achievements held at the Ham Yard Hotel on the 9th of May.
“ It’s an honour to be recognised as someone who is influencing the digital industry in the UK, it was even more exciting to see that some of the people I look up to were also on the list. I am glad that the work we do at Studio 14 isn’t going unnoticed, especially our partnerships with local schools, helping students develop digital skills in the hopes of closing the digital skills gap in the UK”
Big congratulations Tobi, from the Studio 14 team!!!


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Fb will increase concentrate on 'conversations' with buy of Department and Potluck
In a transfer an organization spokesperson termed an acqui-rent, at this time Fb snapped up the ten individual workforce behind Department and Potluck. Josh Miller and Cemre Güngör created the corporate in 2012 with monetary help from Twitter co-founders Ev Williams and Biz Stone, and launched Department, a social platform, alongside Potluck, a “net and cellular app designed for associates to hang around and speak about cool issues they discover on-line.” Based on The Verge, the deal is valued at $15 million. Each merchandise will now fall inside the social big’s umbrella, with the staff forming a brand new Conversations group in New York Metropolis. Confirmed in a submit from Miller, Department and Potluck will “stay on outdoors of Fb,” with merchandise resembling each of the prevailing platforms to return.
SOURCE: Josh Miller (Fb)
Tags: acquisition acquisitions department fb social


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Trinity seeks shop for website launch
Trinity Mirror is looking for an agency to handle an advertising campaign for a new deals website that it plans to launch next year.
The group, which publishes the Daily Mirror and a range of local newspapers, has already approached a number of agencies, with pitches expected to take place before Christmas.
Trinity Mirror currently works with a number of agencies including DLKW Lowe, which was appointed to its newspapers' advertising business in 2008.
The appointed agency will be responsible for an advertising campaign promoting a new deals website, in the style of Groupon and other deals sites, that the company is looking to roll out nationally next year.
Trinity Mirror is expected to boost its digital portfolio after "difficult trading conditions" as a result of falls in public sector advertising, tax increases, weak retail sales and substantial hikes in the cost of newsprint.
This article was first published on campaignlive.co.uk
- Mid Weight Planner - ATL Daniel Marks London £30-£50K + Excellent Benefits, Central London
- ACCOUNT MANAGER / SENIOR ACCOUNT MANAGER Royds Raphael £35K-£45K pa / £150 - £200 day rate., London
- SENIOR ACCOUNT MANAGER / ACCOUNT DIRECTOR Royds Raphael £50K-£60K, London
- Business Development Director - Design Branding and Integrated - London Spectrum £70,000 - £90,000, London
- Middleweight Graphic Designer become £28-35K, Central London


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Hurricane Floyd Reduces Utility Output; Factory Output Down After
Industrial production declined 0.3 percent in September, as Hurricane Floyd reduced utility
output and held back motor vehicle production and other goods. But even after adjusting for the
hurricane, the industrial output gain would have been small compared to increases of 0.4 percent in
August and 0.6 percent in July.
Factory output was down 0.2 percent after rising 0.5 percent in August. In the third quarter,
industrial output grew 3.7 percent at an annual rate, nearly matching the second quarter pace. The
operating rate of industrial capacity eased to 80.3 percent in September from 80.7 percent in
The U.S. trade deficit of goods and services narrowed in August to $24.10 billion from $24.89
billion in July. Exports shot up 3.7 percent to $82.03 billion, up for the third month in a row,
while imports advanced 2.0 percent to $106.12 billion.
Business sales surged 1.3 percent in August, as durable goods sales jumped 1.5 percent on top
of a 1.0-percent rise in July. Non-durable goods shipments grew 1.1 percent. Business inventories
rose 0.3 percent. As a result, the August inventory-to-sales ratio dipped to 1.32 from 1.34 in
Financial Markets Are Uneasy With The Federal Reserve Leaning Toward
The evidence from latest set of economic reports is that the American economy, after two
interest rate hikes, is beginning to slow down. While the latest inflation readings appear to be
excessive there is no broad-based increase in prices. Nevertheless, with the Federal Reserve
leaning toward further tightening, financial markets are uneasy.
While economic activity and hiring was disrupted by Hurricane Floyd in the East Coast, the
loss of 8,000 nonfarm payrolls in September and the creation of only 103,000 jobs in August is a
clear indication of a slowing economy.
It is estimated that without the hurricane, nonfarm employment would have risen by 50,000
jobs in September. This is a major pullback from the dizzying pace of 654,000 jobs added in June
and July. Factory jobs continued to decline in September, falling by 21,000 jobs and bringing the
loss to 532,000 in the last year and a half period. The September jobless rate at 4.2 percent was
unchanged from August.
The Producer Price Index for finished goods shot up 1.1 percent in September, the largest
gain in nine years. Excluding energy, food, tobacco and automobiles, the price index was up just
one-tenth of a percent, hardly a sign of widespread price acceleration.
Consumer prices rose 0.4 percent in August. Energy costs accounted for 1/4 of the rise. The
core inflation was 0.3 percent after rising just 0.1 percent in August.
Textile Payrolls Fall After August Increase; Output Remains Slightly
Below Last Year’s Numbers
The textile industry’s payrolls fell 0.3 percent in September after edging up 0.1 percent in
August. The volatile jobless rate for textile mill workers dropped to 3.4 percent from 5.2 percent
Textile output rose 0.3 percent in September. Despite strong U.S. economic activity textile
output remained slightly below the year ago level. The utilization rate for textiles improved to
82.8 percent of capacity from 82.5 percent in August. Shipments by textile producers declined 1.0
percent, giving back most of the 1.5-percent gain in July. Inventories increased 0.3 percent. The
August inventory-to-sales ratio rose to 1.55 from 1.53.
U.S. retail sales rose just 0.1 percent in September after surging 1.5 percent in August, the
largest gain in six months. Excluding autos, retail sales were strong, rising 0.6 percent. At
apparel and accessory stores, sales fell 0.9 percent. For the third quarter, total retail sales
were up by a startling 10.5 percent from a year ago.
Producer prices of textiles and apparel edged up 0.1 percent in September, reversing declines
for five straight months.
Prices moved up 0.4 percent for gray fabrics and rose 0.1 percent for finished fabrics and
carpets. Prices declined 0.2 percent for processed yarns and threads.


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We heard last week that the Galaxy S Advance would be coming to Russia later this month, and now it's been confirmed that Samsung's latest mid-range smartphone will be hitting the UK around the same time. Independent retailer MobileFun has the device up for pre-order, with stock expected next Monday, Feb. 6. What's more, the Galaxy S Advance comes in at a relatively wallet-friendly £349.99 off-contract.
For your money, you'll get a 4-inch phone running Adnroid 2.3 Gingerbread and Samsung's TouchWiz 4 UI. There's also a 1GHz dual-core chip inside, and WVGA (480x800) Super AMOLED display on the front -- so not quite bleeding edge, but a powerful device nonetheless.
If you're after one of these on contract, then Three UK is your best bet -- the network announced yesterday that it'll be carrying the Galaxy S Advance in the future. For more info on the Advance, check our original announcement post.
AC Podcast 492: TikTok/WeChat Ban; LG Wing; Pixel 5s; PS5
Daniel and Jerry are joined by Alex Dobie and Joe Maring to make sense of the impending (at the time of recording) TikTok and WeChat bans in the U.S. The crew also preview the LG Wing and discuss Apple's recent Watch and iPad announcements in comparison to Android-compatible watches and the Galaxy Tab S7. Alex also reports on the rumored Pixel 5s. Plus, the next-gen consoles are coming...
Foldables are finally good enough to actually spend money on
Foldable phones have come a long way in 18 months, and now with the Galaxy Z Fold 2, we have no major flaws, no shortchanged specs and no hurdles still to overcome. Now is the tipping point when foldables start to actually become worthy of your wallet.
Want an Oculus Quest 2? Here's where to buy one!
The Oculus Quest 2 was announced at Facebook Connect 2020. Here's how to preorder the hottest new wireless VR system around!
The Galaxy A21 is a sleek device, so get a case to keep it that way
Life happens to everyone, and it ends up affecting to our smartphones at some point in time. Drops, scratches, bumps, and bruises all happen, and that’s why you’ll want to get a case for the new Galaxy A21.


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World Dairy Expo has not yet decided whether it will be back at the Alliant Energy Center for this fall’s gathering. It is also exploring other venues.
But its leaders said they “remain steadfast in their commitment to gathering the global dairy industry again on the colored shavings, on the Trade Show floor, and in The Tanbark this fall at World Dairy Expo 2021.”
tap here to see other videos from our team.
The show is scheduled for Sept. 28 to Oct. 2.
The Royal Agricultural Winter Fair has announced that it plans to go ahead with an in-person show at Exhibition Place in Toronto.


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Mother's Day is, of course, this Sunday. But if you don't have a gift yet, don't worry, we've got some good news for you:
A new poll by retailmenot.com says most of us think our moms might return the gift we pick out for them. The truth is, however, only about 30% of moms say they've ever returned a gift at some point.
Trae Bodge, the lifestyle editor at retailmenot, says there are three gifts that American moms seem to prefer.
"They would love a trip to the spa, a nice meal out, or a gift card or gift certificate to her favorite store so she can do some shopping herself," she said.
Bodge says the average amount spent on a Mother's Day gift is $68:
"Our poll always show that people tend to spend more on their moms for Mothers' Day than they do on Fathers' Day, in fact, we've found that about 30%, in fact, are spending more on mom this year," she explained.
Also, men are outspending women $83 to $53.


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SoftBank has been heavily linked with an investment in Uber in recent weeks, and today CEO Masayoshi Son confirmed his interest in pursuing a deal. However, in a twist, Son said that SoftBank is also considering buying into Uber’s arch enemy in the U.S., Lyft, instead.
Speaking to investors following the announcement of SoftBank’s Q1 2017 earnings, Son was candid about SoftBank’s desire to back a horse in the U.S. ride-sharing space. While it is the largest investor in Didi Chuxing (China), Ola (India), Grab (Southeast Asia) and 99 (Latin America), it doesn’t yet have representation in North America.
“We are interested in discussing with Uber, [but] we are also interested in discussing with Lyft,” Son said in an answer to a question. “We haven’t decided which way, but [the] U.S. is a very big market — it’s [the] most important market — so we are differently very much interested in the U.S. market. Whether we decide to partner and invest into Uber or Lyft, I don’t know what will be the end result.”
From his language, it doesn’t look like a deal with either company is on the table yet — Son said SoftBank is “exploring the idea and we would like to discuss with both companies.”
The idea of investing in Uber, which rivals Ola, Grab and 99 but was beaten by Didi in China, has surprised many, but throw in the fact that SoftBank is also weighing its rival and there’s likely to be further confusion over the motivation. However, Son explained that he sees ride-sharing as a key global industry that Softbank can ill-afford to miss out on.
“This is the shared economy and one of the most important industries, I think the way people use the transportation and the lifestyle will be different from today [compared to in] 30 years [or] 50 years,” he explained.
“The autonomous car is definitely coming, and when that stage comes, this ride-share business becomes even more important,” Son added.
SoftBank’s ride-sharing ambition — which has been clear for some time — sits outside of its enormous Vision Fund, which is targeting a $100 billion total raise and also has stakes in huge global companies like ARM and Nvidia.
SoftBank announced a first close of $93 billion for the fund in May, but revealed it will sit out ride-sharing deals due to conflicts of interest. That hasn’t stopped SoftBank from stepping up and financing billion-dollar funding rounds for Grab and Didi already this year, with other companies likely to be on the receiving end of additional financing in the future.


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Ivanka Trump, daughter of Republican presidential bet Donald Trump, has been unknowingly duped by Manhattan jewelers into donating to the Hilary Clinton campaign.
Jill Martinelli and Sabine Le Guyader, women behind the designer jewelry brand Lady Grey, received an online order from Ivanka last week for their $84 14-karat gold-plated earcuff, the NY Daily News reported.
Ivanka Trump Duped
Flattered by Ivanka’s order, the two penned a handwritten thank you note and sent it directly to Ivanka with her order. But because the two didn’t share the same political views, they decided to donate the proceeds of the sale to somewhere that aligned with their ideals.
The jewelry makers, who began selling designer jewelry since 2009, posted on their Instagram account a picture of the note they sent to Ivanka. Based on the same report, the two decided to publicize their message to Ivanka to make a statement that everyone should make a stand on things they believe in, no matter how big or small.
“While we were flattered to receive an order from Ivanka Trump, our social and political views couldn’t be further from those of the Trump campaign. When we received her order, we instantly felt compelled to take the money and donate it to a few organizations that were more aligned with our ideals,” the two women said in a statement.
Hillary Clinton Campaign
With only a few more months before the U.S. elections in November, tension between political parties and supporters alike is increasing. But Lady Grey’s action did not sit well with netizens who have expressed displeasure with the move.
“Word of mouth is the best/worst advertising and this uncouth post with cause me to speak of your company negatively. I hope this post goes viral and ruins your company,” one commenter said.


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It looks like T-Mobile could be the latest US telecom to begin offering subsidized netbooks to customers who sign up for long term 3G wireless data plans. Verizon and AT&T are already offering a handful of netbooks in stores and over the web. Now Engadget has obtained a leaked product roadmap that shows a number of upcoming phones, smartphones, and a 3G USB dongle for laptops. There’s also a bit of information about two netbooks.
The first will be a Dell netbook that will begin shipping on October 13. No word on which model, but my money would be on the Inspiron Mini 10 or Mini 10v at the moment. But there’s still plenty of time between now and October 13 for Dell to introduce something new.
There’s also another device with the codename “netbook” that should be available on November 11. It looks like this product will be a T-Mobile branded device, and Engadget speculates that it could be an ARM or even NVIDIA Tegra-based device from an ODM.


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Media Create has published their latest sales data for the Japanese video game market (June 11 to June 17, 2018).
The official Nintendo Twitter account for Japan has surpassed 1 million followers today.
Kagome, a manufacturer of tomato based food, and The Pokemon Company have teamed up for a campaign putting Pikachu and ketchup in the spotlight.
Ryokutya2089, who has early access to Japanese video game magazines, has revealed some details on Dragon Ball FighterZ’s Nintendo Switch release for Japan.
During a recent event featuring an Eevee and Pikachu mascot in Japan, Eevee cosplayed as other Eeveelutions for the very first time.
Japanese convenience store conglomerate 7-Eleven has revealed an exclusive set of Pokemon Squeezy Mascots.


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Bmw m4 concept iconic lights impressive technology at the 2015 cescomma.
Bmw m4 csl concept.
2020 bmw m4 csl cherished bmw fanatics the all new 2020 bmw m4 is currently well prepared.
The bmw m4 idea iconic lights showcases a new analysis of the twin round headlights including the laser lights technology.
The new m4 is here radical grille and all ushering in a new age for bmw as it seeks to change up its brand image.
Bmw is introducing a brand new idea to showcase the newest developments in innovation coming from munichperiod.
The next generation m4 may look different than the current generation but one.
But it discloses a lightweight and sturdy supply along with included exhaust concept.
Some private information boasts 2020 bmw m4 motor vehicle gts is the idea within the entire roof enhancement solar energy being a precursor m3 coupe.
Here is the evaluation this two doorway model using this sort of m3 sedan is back once more by utilizing a compact appearance and modern day refinement.
Possibly the first one to the game was rc82 workshop that put together a quick shot at how a bmw m4 csl vision concept might look like.
For comparison the standard m4 weighs 1572 kg 3465 lbs.
The automobile involved is any 2020 bmw m4.


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After dominating track in USA, Mustang FR500 ready to take on Europe
The world’s most popular “pony car,” the Ford Mustang may soon make its European road racing debut. Ford Racing Technology confirmed today that it has begun the process of homologation of both its Mustang FR500C and FR500GT race cars for FIA competition.
The Mustang FR500C, a championship-winning entry in the U.S.-based, Grand Am KONI Challenge Series, is being homologated for FIA GT4 competition, while the new Mustang FR500GT, which has not been in competition yet, is being homologated for FIA GT3 competition.
“Mustang has been a winner, both on the track and in the marketplace since it made its debut in 1964,” said Dan Davis, director of Ford Racing Technology. “We have always said that Mustang was ‘born to race,’ and it has been a championship-winning car for Ford in such places as IMSA, SCCA, NHRA and now Grand-Am.”
The Mustang FR500C just started its third year of competition in the KONI Challenge Series, where it has already captured seven wins and the 2005 championship. Fourteen Mustang FR500C race cars lined up on the grid in the 2007 season-opening race at Daytona.
“With that kind of success, we’re excited about the prospect of both our Mustang FR500 race cars being approved for FIA GT competition,” said Davis. “Based on interest we’ve seen from teams in Europe, we see this as an excellent commercial business opportunity to sell additional complete, ready-to-race Mustangs.”
The Ford Mustang is, and always has been, a uniquely American product that has worldwide appeal, and it has a proven racing heritage that makes it even more attractive to teams and race fans.
Davis emphasized that the homologation of the two Mustang products is a Ford Racing North America project, although Ford’s European racing operations, led by Jost Capito, are aware of, and support, the program.
“Much like our successful Grand-Am KONI Challenge Series program, we see this as purely a customer program for private teams that want to race competitive Mustangs,” said Davis, who noted that this is not a first step for Ford to go “factory” road racing in Europe. “The success of the Mustang FR500C has shown that we can design and build ready-to-win race cars for customers.”
The homologation process is being handled by Ford Racing Technology’s partner in the Mustang FR500 race cars project, Multimatic Motorsports of Canada. Multimatic currently has versions of each of the cars in Europe undergoing thorough testing, with a goal of final sign-off by the FIA in April.
Information on the two Mustang FR500 race cars follows.
FR500C – “Boy Racer”
The popularity of road racing at a grassroots level has soared in the last few years and to the Ford enthusiast few vehicles make better racecars than Mustangs. For those enthusiasts looking to take their first step into professional road racing, Ford Racing has your needs met with the new 2005 Mustang FR500C.
The FR500C features the following:
- Ford Racing designed body, which has been seam welded, and Grand-Am approved roll cage that includes all the attachment points and enclosures specifically for racing.
- Ford Racing 5.0L “Cammer R50” engine, which is mounted to a unique Tremec T56 transmission.
- Ford Racing brake and suspension upgrades
- PRICE — $125,000
Encouraged by the first-year dominance of its 420-horsepower stock Mustang race car in the Grand-Am Koni Challenge Series Ford Motor Company has developed what it describes as the ultimate Mustang showroom stock race car. Code-named "Man Racer," the new 550-horsepower Mustang follows on the heels of the highly successful FR500C, also known as the "Boy Racer."
"Man Racer represents the reincarnation of the Trans-Am Mustang from the 70s, which was the most powerful showroom-looking pony car at the time," said Dan Davis, director, Ford Racing Technology. "This car has amazing output from a normally aspirated engine, and the chassis is specially tuned for high-speed performance and handling."